Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Peru’s metal mining production grew 16.4pc in the first half of 2021, compared to H1 2020, according to the Central Reserve Bank (BCRP).


The sector saw an increase of 46.6pc in the second quarter of 2021, compared to Q2 2020. Output climbed 7.1pc in June 2021, compared to the same month of 2020, the BCRP reported.


Copper production grew 14.4pc in the first six months of 2021, to 1.05mn mt from 917,000mt in the same period a year ago. In June, the jump was 0.2pc, to 176,000mt.


Zinc soared 53.3pc in H1 2021, to 793,000mt from 517,000mt between January and June 2020. Meanwhile, June output increased 8.6pc, to 130,000mt from the 120,000mt extracted in the same month last year.


Lead mining is also approaching its pre-pandemic levels, with a 25.2pc increase in the January-June period of this year, to 130,000mt from 104,000mt in the same year-ago period. In the sixth month of the year, production grew 3.7pc, to 22,000mt from 21,000mt in June 2020.


Lastly, iron production improved by 113.5pc in the first half of the year, to 6.04mn mt from 2.83mn mt in H1 2020. The jump in June 2021 was 185.4pc, to 1.12mn mt from 394,000mt in the same month a year ago.

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